Scaling Into Position

Plot Orders for scaling Into a Position
Release Notes: Scaling into position plotting orders
Release Notes: Scaling into position building
Release Notes: Scaling into position building plot horizontal lines
Release Notes: Scaling into position
Release Notes: Updated horizontal line placement
Release Notes: Added profit target line
Release Notes: Added plot titles and modified input description
Release Notes: Added 4 EMAs
Release Notes: Updated labels and EMAs
Release Notes: Added SMA and modified labels
Release Notes: Updated line format for SMA
Release Notes: Added profit label
Release Notes: Added average position line, updated labels and line display, added Bollinger Bands
Release Notes: Modified input labels and background fill calculation
Release Notes: Added Short option to build a position and scale in for shorting
Added extra manual drawn lines for take profit and entry points
Release Notes: Modified layout and super slow moving average color
Release Notes: Added manual price line entries. Removed profit % line and labels.
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.


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